April 28, 2012
Dear members of the Securities and Exchange Commission:
I am writing to urge the SEC to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.
Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's web site. If corporations continue hiding their political money, over time, I truly expect an uprising the like of which this country has not seen since its last "real" war. You know that war? The war "to end all wars"? We're the big bully on the block now, owned outright by corporations -- that is the image the rest of the world has of America. It's shameful! At least let's make public who's supporting whom, so the consumer who buys all those corporations' products can actually keep them in business or NOT, depending on whom they support in the public arena. I believe they've lost sight of the fact that THEY stand on OUR shoulders. We're crumbling now and so will they! Disclose.....please! Let it be a start at least.
Thank you for considering my comment.
Sincerely,
Sarah Champlin